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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum
Rusoro Mining Ltd
V.RML
Alternate Symbol(s):
RMLFF
Metals & Mining
Gold
Rusoro Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of gold mining and mineral properties. The Company is a gold producer and explorer, with a land position in the prolific Bolivar State mining region in southern Venezuela. It has gold reserves of approximately 5,584,000 ounces and inferred resources of over 6,805,000 ounces....
The Company has two mines in production and ten exploration projects (including development and exploration around the mines) which range from early stage to advanced/development stage gold projects in Venezuela. The Company owns and operates the Choco Mill Facility and has a 95% ownership in the Choco 10 Mine. It holds a 50% ownership interest in the Isidora mine (the Isidora Mine). Its subsidiaries include Proyectos Mineros del Sur, PROMINSUR, C.A., Promotora Minera de Guayana, P.M.G., S.A., Corporacion Aurifera de El Callo, C.A., Corporacion Minera Choco 9 C.A., and Corporacion 80.000 C.A.
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Bullboard (TSXV:RML)
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(412)
•••
CAinPlap
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Comment by
CAinPlap
on Sep 13, 2023 10:52am
RE:RE:Citgo valued at $32 bln-$40 bln ahead of auction of shares
Given our preferential position(7th) in the order of payment and the valuation, I like our chances of being paid in full. I will be surprised if we don't start moving into dollar plus territory
...more
(7)
•••
RIDER1975
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Comment by
RIDER1975
on Sep 13, 2023 6:12am
RE:Citgo valued at $32 bln-$40 bln ahead of auction of shares
Great news, as with such an estimated company value (with 4 bn USD EBITDA per year seems reasanable) the exact prior list might be indifeerent. The chances for RML to be fully payed seems much
...more
Star Diamond Corporation Announces Third Quarter 2024 Results
posted Nov 14, 2024 9:00am by
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Adjusting for $1.0 million in non-cash charges during the current period, the increase in net loss, period over period, was due primarily to increased exploration ...read more
(197)
•••
astonbay
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Post by
astonbay
on Sep 12, 2023 7:56pm
Citgo valued at $32 bln-$40 bln ahead of auction of shares
HOUSTON/WILMINGTON, Sept 12 (Reuters) - Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company at between $32 billion and $40 billion, according to a court official during a
...more
(197)
•••
astonbay
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Comment by
astonbay
on Sep 12, 2023 7:47pm
RE:Reuters article est value of CITGO
Wow Citgo is worth $32 to $40 billion! We will definitely have no problem getting paid. Even all the bondholders may get paid. GLTA
(7)
•••
RIDER1975
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Post by
RIDER1975
on Sep 12, 2023 4:53pm
Reuters article est value of CITGO
https://www.reuters.com/business/energy/citgo-petroleum-valued-32-bln-40-bln-ahead-auction-shares-parent-company-2023-09-12/
(412)
•••
CAinPlap
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Comment by
CAinPlap
on Sep 12, 2023 10:27am
RE:RE:Reuters article about priority
I'm looking forward to seeing the VZ hail mary get picked off and confirmation we will get paid in full. In Judge Stark we trust.
(12)
•••
GoldenOrb
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Comment by
GoldenOrb
on Sep 12, 2023 9:26am
RE:Reuters article about priority
That puts RML 7th in line. RML will receive the full amount plus interest. The US Supreme Court has already denied taking the case I believe, so VZ has run out of any options. We should start to
...more
(7)
•••
RIDER1975
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Post by
RIDER1975
on Sep 12, 2023 6:38am
Reuters article about priority
https://www.reuters.com/business/energy/which-creditors-will-have-priority-citgo-share-auction-2023-07-27/
(7)
•••
Amadeus
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Comment by
Amadeus
on Sep 10, 2023 5:45am
RE:RE:What next for RML ?
A thought. I have no knowledge of the workings and scheduling of the Supreme Court but if VZ were able to get a hearing at a known date, even if it was after the commencement of the auction
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(412)
•••
CAinPlap
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Comment by
CAinPlap
on Sep 01, 2023 3:12pm
RE:RE:RE:What next for RML ?
Per the Aug 17 NR, They are 7th in priority behind approx 3.5 billion in claims. We should be good.
(7)
•••
RIDER1975
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Comment by
RIDER1975
on Sep 01, 2023 2:36am
RE:RE:What next for RML ?
But, before the start of the auction, some accurate info should come regarding the eventual prior list. (Namely whether COF -s huge claim is prior or after RML-s, or even succesfully attached
...more
(49)
•••
HarfanddesNeiges
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Comment by
HarfanddesNeiges
on Aug 31, 2023 4:41pm
RE:RE:What next for RML ?
Thanks for this update. GLTA
(197)
•••
astonbay
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Comment by
astonbay
on Aug 31, 2023 3:05pm
RE:What next for RML ?
Next important events will be 1) Supreme Court declining to hear Venezuela's last appeal 2) Oct 23rd Citgo Auction. The Citgo auction might come first
(49)
•••
HarfanddesNeiges
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Post by
HarfanddesNeiges
on Aug 31, 2023 12:54pm
What next for RML ?
The next important steps to come ? GLTA
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